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Tag Archives: Avoided

Can ASICs Be Avoided? Centralized Cryptocurrency Mining May Be Unavoidable

Cryptocurrency mining may be prone to both industrialization and centralization, despite attempts to keep the field decentralized. A new post by Sia lead developer and Obelisk mining founder David Vorick goes into detail on the current state of specialized cryptocurrency mining machines known as ASICs. According to Vorick, ASICs can be developed profitably for just about any mining algorithm in ...

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